The cars which cost least in depreciation are led by the Volkswagen Fox, which is worth just £4,014 less than the day it was driven out of the showroom (using the average drop in value for all models in the range).

The rest of the list is dominated by small cars that were inexpensive to start with. The Hyundai i10 is in second place, losing £4,036 in three years, with the Nissan Pixo in third, losing £4,309.

Upmarket models from prestige brands account for many of the cars in the top 20, but by no means all. Toyota leads the mainstream car makers, with the Land Cruiser V8 diesel taking second place. CAP figures reveal it holds on to 72.4% of its original price after three years.

The Porsche Cayenne

Other mainstream models pull off impressive giant-killing acts: the Skoda Yeti (69.9%) holds its value better than the Land Rover Discovery 4 (69.2%) and the Audi Q5 (69.1%). The Kia Sportage (68.2%) retains value better than the best Mercedes-Benz, the Viano diesel MPV (66.2%).

Some relatively obscure cars make the top 20. The Corvette Z06 Coupé (65.6%) and Corvette C6 Coupé (63.6%) make the list, despite selling in limited numbers and being available in left-hand drive only.